681 The personal status of each partner just before liquidation is as follows Personal Liabilities Assets Pete Tom $55,000 30,000 30,000 $80,000 10,000 50,000 The partnership operates in a state that has adopted the Uniform Partnership Act. Required: A. Determine the amount of cash each partner will receive in liquidation and bow much cash each partner mus invest in the firm, given their personal positions. Determine the amounts that the personal creditors will receive from personal assets and any distribution from the partnership. B